Heritage Financial Corporation (HFWA)

Heritage Financial Statistics

Total Valuation

HFWA has a market cap or net worth of $753.50 million. The enterprise value is $668.29 million.

Market Cap	753.50M
Enterprise Value	668.29M

Important Dates

The last earnings date was Thursday, October 23, 2025, before market open.

Earnings Date	Oct 23, 2025
Ex-Dividend Date	Nov 5, 2025

Share Statistics

HFWA has 33.96 million shares outstanding. The number of shares has decreased by -1.49% in one year.

Current Share Class	33.96M
Shares Outstanding	33.96M
Shares Change (YoY)	-1.49%
Shares Change (QoQ)	-0.10%
Owned by Insiders (%)	1.80%
Owned by Institutions (%)	85.14%
Float	33.34M

Valuation Ratios

The trailing PE ratio is 13.45 and the forward PE ratio is 9.47.

PE Ratio	13.45
Forward PE	9.47
PS Ratio	3.24
Forward PS	2.68
PB Ratio	0.83
P/TBV Ratio	1.14
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	11.68
EV / Sales	2.87
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	n/a

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 6.43%.

Return on Equity (ROE)	6.43%
Return on Assets (ROA)	0.81%
Return on Invested Capital (ROIC)	n/a
Return on Capital Employed (ROCE)	n/a
Revenue Per Employee	$306,014
Profits Per Employee	$75,194
Employee Count	761
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, HFWA has paid $12.03 million in taxes.

Income Tax	12.03M
Effective Tax Rate	17.37%

Stock Price Statistics

The stock price has decreased by -3.98% in the last 52 weeks. The beta is 0.53, so HFWA's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	-3.98%
50-Day Moving Average	23.95
200-Day Moving Average	23.80
Relative Strength Index (RSI)	36.99
Average Volume (20 Days)	158,444

Short Selling Information

The latest short interest is 963,974, so 2.84% of the outstanding shares have been sold short.

Short Interest	963,974
Short Previous Month	927,930
Short % of Shares Out	2.84%
Short % of Float	2.89%
Short Ratio (days to cover)	5.81

Income Statement

In the last 12 months, HFWA had revenue of $232.88 million and earned $57.22 million in profits. Earnings per share was $1.65.

Revenue	232.88M
Gross Profit	232.88M
Operating Income	73.79M
Pretax Income	69.25M
Net Income	57.22M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$1.65

Balance Sheet

The company has $245.49 million in cash and $160.28 million in debt, giving a net cash position of $85.21 million or $2.51 per share.

Cash & Cash Equivalents	245.49M
Total Debt	160.28M
Net Cash	85.21M
Net Cash Per Share	$2.51
Equity (Book Value)	904.06M
Book Value Per Share	26.62
Working Capital	-5.53B

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross Margin	n/a
Operating Margin	31.69%
Pretax Margin	29.74%
Profit Margin	24.57%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of $0.96, which amounts to a dividend yield of 4.33%.

Dividend Per Share	$0.96
Dividend Yield	4.33%
Dividend Growth (YoY)	4.35%
Years of Dividend Growth	4
Payout Ratio	58.18%
Buyback Yield	1.49%
Shareholder Yield	5.82%
Earnings Yield	7.59%
FCF Yield	n/a

Analyst Forecast

The average price target for HFWA is $29.33, which is 32.18% higher than the current price. The consensus rating is "Buy".

Price Target	$29.33
Price Target Difference	32.18%
Analyst Consensus	Buy
Analyst Count	3
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 28, 2005. It was a forward split with a ratio of 1.05:1.

Last Split Date	Sep 28, 2005
Split Type	Forward
Split Ratio	1.05:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	2